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Legislative Fiscal Division demos new oil-and-gas revenue dashboard to House Energy committee
Summary
Legislative Fiscal Division staff demonstrated an oil-and-gas data tool that shows state and county collections, production and rig counts, and long-term revenue projections used in the HJ2 forecast.
The Legislative Fiscal Division demonstrated a new interactive oil-and-gas data tool to the Montana House Energy, Technology and Federal Relations Committee on Oct. 12, 2025.
The tool uses Department of Revenue data to display state and county collections, school district–level receipts, oil production and active rig counts, and long-range price-based revenue scenarios. "This is using Department of Revenue data," said Joe Bond of the Legislative Fiscal Division during a screen demonstration. "You can select different funds. You can see data through time, and you can see how these different funds change collections in real time."
Why it matters: committee members said the tool could help lawmakers, staff and local officials better understand how oil price and production changes feed into the Legislature's HJ2 revenue forecast and budget planning.
Bond walked the committee through several pages: a high-level state collections page, county collections and distributions, and a page that feeds inputs for the HJ2 forecast. The HJ2 page displays Montana's price per barrel, a West Texas Intermediate comparator, a transportation "haircut" used in state estimates, annual average production and number of rigs in operation. "As of our last available data, there was one rig operating in October, and we are producing about 81,000 barrels a day," Bond said.
Bond also showed a long-range module used in the Legislative Analysis and Revenue Assessment (MARA) process that projects state revenues out two decades using S&P price estimates. Users can adjust price expectations to view optimistic or pessimistic scenarios. Bond noted the site includes trainings and brochures on tax rates and energy topics, and a short video prepared with another LFD staffer to explain oil-and-gas tax rates.
Committee members asked clarifying questions about the tool's inputs and applicability for local officials. Bond said the dashboard draws on multiple state datasets and that the LFD will continue adding explanatory materials. There was no committee action requested or taken on the demonstration itself.
The committee did not take a vote on the presentation; the session moved on to legislative business after questions.
